secwatch / observer
8-K filed January 25, 2024, 6:59 PM ET CIK 0001814329
debt confidence high sentiment negative materiality 0.60

Astra Space, Inc.: debt financing — Astra Space closes $6M 12% convertible note and warrant financing, extends closing window

Astra Space, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 0.9

Astra Space, Inc. incurred convertible notes of $6.0 million in aggregate principal amount with MH Orbit LLC, RBH Ventures Astra SPV, LLC at 12.0% maturing November 15, 2025.

Instrument
convertible notes
Principal
$6.0 million in aggregate principal amount
Counterparty
MH Orbit LLC, RBH Ventures Astra SPV, LLC
Rate
12.0%
Maturity
November 15, 2025
Event
incurrence
Exact text from the filing
Ventures Astra SPV, LLC (“ RBH ” and together with MH Orbit, the “ Additional Investors ”), pursuant to the Purchase Agreement, in which the Additional Investors purchased (i) $6.0 million in aggregate principal amount of a 12.0% Senior Secured Convertible Note due 2025 (the “ Subsequently Purchased Convertible Notes ”) in the form of the Senior Secured Convertible
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Astra Space, Inc. amended Amendment to Securities Purchase Agreement (effective 2024-01-19).

Action
amendment
Agreement
equity purchase
Effective
2024-01-19
Exact text from the filing
On January 19, 2024, Astra Space, Inc. (the “ Company ”) entered into an Amendment to Securities Purchase Agreement (the “ Amendment ”) dated as of August 4, 2023 (as amended by the Reaffirmation Agreement and Omnibus Amendment Agreement dated as of November 6, 2023, the Limited Waiver and Consent and Omnibus Amendment No. 2 Agreement dated as of November 17, 2023 and the Omnibus Amendment No. 3 Agreement dated as of November 21, 2023) (as so amended, the “ Purchase Agreement ”).
View on SEC.gov

283 debt financings filed in the last 30 days. Browse all debt financings →

Source: SEC EDGAR
accession 0001193125-24-015565
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